What Is Economic Pressure?

Economic downturn refers to the continuous decline of various indicators for measuring economic growth, such as GDP, PPI, CPI, etc., that is, the economy has changed from a growth trend to a downward economic trend.

Downward economic pressure

The rate of economic growth has begun to slow down and is facing downward pressure. Although there are favorable factors such as the release of reform dividends and the improvement of the international economic situation, they have been negatively affected by the three highs of high interest rates, high exchange rates, and high debt ratios.

The pressure of rising prices makes prices of three types of products easy to rise. One is agricultural products with slower growth in labor productivity. The other is products that cannot be adjusted through trade, such as real estate.

On March 5, 2019, in a government work report, Premier Li Keqiang said that in 2018, the world economic growth slowed down, protectionism and unilateralism intensified, international commodity prices fluctuated sharply, and uncertain and uncertain factors increased significantly , External input risk rises. The downward pressure on the domestic economy has increased, consumption growth has slowed, and effective investment has grown weak. ^[1]